I recently started camming and I had a ton of questions about this payment option. Here's what you need to know:
CB does ask for proof of identity when filling in your banking details - but if you give the same ID ( I used my passport) as your age verification then your payment option is approved immediately.
So CB says that payments are made 7 days after the payment period. The thing is, CB SENDS the payment anytime BEFORE the 7 day mark. So the first time I converted my tokens, 28th April 2020, CB informed me that they had sent the money on the 6th of May 2020. It takes 3-5 working days after for the money to arrive into your account. I received my money on the 13th of May. This is partly due to the fact my bank had several holidays between those dates. Anyway, the second payment was much quicker - so don't worry! I know I was hopelessly worried about when/how/if the money would reach my account but it did.
thankyou So much ! You really helped me !